YES Bank hits over 4-month low; stock falls 5%

The stock dipped 5% to Rs 322, trading lowest level since April 25, 2018, on the BSE, on back of heavy volumes.

Shares of YES Bank hit an over four-month low of Rs 322 per share, down 5% on the BSE on the back of heavy volumes.

The stock was the largest loser among the S&P BSE Sensex and Nifty 50 index at 02:17 pm. In comparison, the benchmark indices were up 0.2% each.

The trading volumes on the counter more than doubled with a combined 36.43 million equity shares or 1.5% of total equity of YES Bank changed hands on the NSE and BSE so far.

The stock of private sector lender was trading at its lowest level